If Free Trade Occurs, Producers in the Net Exporting Country

question 90

Multiple Choice

If free trade occurs, producers in the net exporting country will be _____ off, and producers in the net importing country will be _____ off than before trade.

• A) better; worse
• B) worse; better
• C) better; better
• D) worse; worse

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Definitions:

Appeal to Reason

A call for logical and rational deliberation as opposed to emotional or biased judgments.

New Feminism

A new aspect of the women’s rights movement that arose in the early part of the twentieth century. New feminism added a focus on individual and sexual freedom to the movement and introduced the word “feminism” into American life.

Historical Significance

The importance ascribed to an event, object, or person in history, based on their impact on subsequent events or developments.

Fordism

A system of mass production that combines manufacturing with technological innovations to produce large quantities of standardized products, famously pioneered by Henry Ford.